About the Fund

Is there a fund that can help you build wealth over the long term and help you save tax, simultaneously? Yes, there is! The Quantum Tax Saving Fund (QTSF) invests in equities and also allows you to save tax u/s 80 C of the Income Tax Act. Please note that your investments in this fund (like all ELSS funds) are subject to a lock-in period of 3 years.

The Quantum Tax Saving Fund is a perfect investment for investors wishing to invest in Equities and save taxes at the same time.

Product Labeling

Name of the Scheme

This product is suitable for investors who are seeking*

Riskometer

Quantum Tax Saving Fund

(An Open-ended Equity Linked Savings Scheme)

• Long term capital appreciation

• Investments in equity and equity related securities of companies in S&P BSE 200 index and to save tax u/s 80 C of the Income Tax Act. Investments in this product are subject to a lock-in period of 3 years

Investors understand that their principal will be at Moderately High Risk

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

^ Past performance may or may not be sustained in the future. Load is not taken into consideration and Returns are for Growth Option. @ shows the current value of Rs 10,000/- invested at the beginning of a given period. Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR). # For methodology please refer the bottom of this page. Quantum Mutual Fund since its launch did not have Separate Plans for receiving any investment applications either through distributors or directly from investors till March 31, 2017. Effective from April 1, 2017, the Existing Plan has been classified as Direct Plan and a new Regular Plan has been launched to receive the investment applications through distributors, with both the plans having different expenses structure. The performance details provided herein is of the plan now classified as Direct Plan as stated above. Different Plans shall have different expense structure.

* CRISIL AMFI MF Performance Indices Methodology:

CRISIL - AMFI MF Performance Indices seeks to track the performance of the mutual funds across various categories. CRISIL - AMFI Large Cap Fund Performance Index is based on large cap funds which are ranked under CRISIL Mutual Fund ranking are part of the index. CRISIL - AMFI Diversified Equity Fund Performance Index is based on diversified equity funds which are ranked under CRISIL Mutual Fund ranking are part of the index. Total Return Index, is adjusted for corporate action in the mutual fund schemes. Index portfolio is marked-to-market on a daily basis using adjusted Net Asset Value (NAV). Funds which are ranked under CRISIL Mutual Fund ranking are part of the index. Eligibility of funds are based on minimum NAV history and a minimum AUM. Index values are calculated on daily basis using chain-link method. Asset weighted returns and quarterly rebalancing is carried out. CRISIL Limited (CRISIL) has taken due care and caution in preparing this performance based on the information obtained by CRISIL from sources which it considers reliable. CRISIL does not guarantee the accuracy, adequacy or completeness of the Data / information and is not responsible for any errors or omissions or for the results obtained from the use of Data / information. Please refer Crisil website for methodology and disclaimer.

The Scheme is co-managed by Atul Kumar and Sorbh Gupta. Click here for performance details of other funds managed by them.

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What is Quantum Tax Saving Fund or QTSF?

There is a saying in the world of investing, which is “higher the risk, higher the gain”. This is very significant when we speak of investing in the stock markets or Equities. Over the long term (5 years or more) Equities tends to give better returns to the investor, which also goes with the inherent risk of investing in Equities. For example over the last 10 years the BSE Sensex has given returns in the range on 18-20% (Source Bloomberg), which is probably higher than other vehicles of investment. However, we know how unpredictable the markets can be, hence sound investment strategies like a bottom-up stock selection process can be used to minimize risk. Click here to read more about Investment Philosophy.

An Equity Linked Savings Scheme or ELSS is a mutual fund scheme that invests in equity and equity related securities and are eligible for a deduction under section 80C of the Income Tax Act, 1961. These schemes have a lock-in period of three years, and thus, investments made in such a scheme cannot be redeemed / switched out before the completion of 3 years since the date of investment.

Quantum Tax Saving Fund - QTSF is an open ended equity linked savings scheme or ELSS having 3 years lock in period. Open Ended Scheme means it is open for purchase and redemption on all business days. Investors can conveniently buy and sell (after the lock in period) units at Net Asset Value ("NAV”) based prices offering complete liquidity.

It is pertinent to note that Quantum Mutual Fund is India’s first Direct to Investor fund house and does not pay any commission whatsoever to distributors. Not paying commissions decreases the expense of most of our schemes and thereby adds to the returns of the schemes (subject to performance).

Investors looking to invest in equity for minimum of 3 years with high risk appetite and avail tax benefits with the same can invest in Quantum Tax Saving Fund. Some attributes of Quantum Tax Saving Fund other than the complete transparency we offer and the convenience of Investing Online without any paperwork are;

Quantum Tax Saving Fund helps to Reduce Churning (frequent buying and selling) of portfolio. It has Lock in period of 3 years which helps to reduce portfolio churn as the fund manager does not need to re-adjust the portfolio to meet frequent redemptions. This could result in reduced recurring expenses and could also positively impact potential returns.

Quantum Tax Saving Fund consists of a well balanced portfolio - typically 25 to 40 stocks, across various sectors.

What is the Investment Objective of the Quantum Tax Saving Fund?

The investment objective of the scheme is to achieve long-term capital appreciation by investing primarily in shares of companies that will typically be included in the S&P BSE 200 Index and are in a position to benefit from the anticipated growth and development of the Indian economy and its markets.

What are the different features available under the Quantum Tax Saving Fund?

The following features are available in the scheme:Systematic Investment Plan (SIP): This feature enables investors to save and invest periodically over a long period of time. Know more about Systematic Investment Plan (SIP) in detail.

Systematic Withdrawal Plan (SWP): This feature enables an investor to withdraw amount/units from their holdings in the Scheme at periodic intervals through a one-time request. Please note that you can avail this Option only after completion of 3 years from the date of allotment of units. Know more about Systematic Withdrawal Plan (SWP) in detail.

Systematic Transfer Plan (STP): This feature enables an investor to transfer fixed amounts from their accounts in the Scheme to another scheme within a folio from time to time. Please note that you can avail this Option only after completion of 3 years from the date of allotment of units.Know more about Systematic Transfer Plan (STP) in detail.

Triggers: A trigger is facility that allows you to specify an exit target (linked to value or time) or to receive an update when the desired levels are reached. The moment this target is achieved, the trigger gets activated. There can be Alert triggers or Action trigger. View the FAQs on Trigger Facility.

Where will Quantum Tax Saving Fund invest? What is the Current portfolio?

Quantum Tax Saving Fund may invest in the following Instruments:

Instruments

Indicative allocations(% of Total Assets)

Risk Profile

Minimum

Maximum

Equity and equity-related Securities*

80%

100%

high

Debt and money market instruments

0%

20%

Low to Medium

The investment strategy of the Scheme will be to invest in a basket of stocks after using intensive fundamental analysis, both quantitative and qualitative, monitor the portfolio actively but not so as to engage in excessive trading, and control risk by keeping the portfolio adequately diversified.

What is the Benchmark of the Quantum Tax Saving Fund & Why?

The scheme would be benchmarked to the S&P BSE 30 Total Return Index (TRI). It appropriately represents the returns from the S&P BSE 30 Sensex since it includes the dividend received from the S&P BSE 30 companies. Therefore, the aforesaid benchmark is most suited for comparing performance of the Scheme. The Scheme''s portfolio has a bias towards high liquidity stocks. S&P BSE 30 TRI therefore makes a good benchmark as it comprises large cap stocks which are highly liquid.

Who can and cannot invest in the Quantum Tax Saving Fund?

What is the current expense ratio of the Quantum Tax Saving Fund?

The current expense ratio of the Direct Plan of the Quantum Tax Saving Fund is 1.29% p.a. with effect from July 1, 2017 (Post GST). The expense ratio for the Regular Plan is 1.46% p.a. with effect from July 1, 2017 (Post GST).

What are the entry and exit loads for the Quantum Tax Saving Fund?

Load structure for the Quantum Tax Saving Fund is mentioned below:Entry Load: NIL* * Not Applicable (In terms of SEBI circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 it has been notified that, w.e.f. August 01, 2009 there will be no entry load charged to the schemes of any Mutual Fund.)

It should be noted that Quantum Mutual Fund has not charged Entry Load for any of its schemes since inception. We were one of the first mutual funds in India to launch schemes with no entry load, much prior to SEBI discontinuing the same.

There is No exit load if you wish to redeem or switch out from the scheme. Please note that you will be able to exit only after completion of 3 years from the date of investment.

What are the different options/facilities available under the Quantum Tax Saving Fund?

The scheme offers Growth Option and Dividend Option.

If you decide to opt for the dividend option, you would have to choose Dividend Payout facility.

Dividend history of the scheme

We have not paid out dividends since our Inception, but, we do know how to manage your money, and manage it well – our NAV has nearly doubled, and our expense ratios have moved down – ensuring you of even better returns.

Can I hold the units of the Quantum Tax Saving Fund in Demat mode?

Yes, there is an option to hold the units in dematerialized mode.

To avail the same you should have a Demat/beneficiary account with a DP and need to mention all the details of your account no. and DP while filling the application form. Also please note that SIP is allowed in Demat mode BUT Switch in/ Switch out/ Systematic Withdrawal Plan/ Systematic Transfer Plan are currently not available in the demat mode. View the FAQs on Demat.

How has the Quantum Tax Saving Fund performed?

To check the performance of the Quantum Tax Saving Fund you will have to go through the current factsheets.Click here for detailed Scheme Factsheet.

Tell me more about the NAV applicability and cut-off timing of the Quantum Tax Saving Fund.

NAV applicability refers to the NAV at which a transaction is affected. A cut-off time is set by the fund and all investments or redemptions are processed at that particular NAV. This NAV is relevant if the application is received before that cut-off time on a day. A different NAV holds if received thereafter. Every Mutual fund follows standard cut-off timing depending on the scheme type which are in compliance with SEBI guidelines.

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